Since I have been playing for a while and the industry is getting smaller due to regulations which reduces the traffic and the number of recreational players (which makes the game less profitable) I think is the moment to start transitioning to Real Estate.I am literally devorating everything in BP, just bought the 2 books of Brandon Turner (hey Brundon if you read this just let you know that I love the way you explain and the methods of teaching you follow, I really find them effective for newbies like me) so I will be trying to educate myself in RE as much as I can in order to be succesful in the future.If there is someone out there who is also starting in RE, in spanish market and want to connect me to talk about whatever or just for future networking, dont hesitate to do it!

The neighborhood has good amenities in terms of a moderately thriving downtown area and the lake offers a nice backdrop and recreational activities.Does anyone have any experience with REI in Hobart or any insights to the area that could confirm what I think I'm seeing?

It is truly amazing what you can pick up. 3)Take action.

One option you might consider is wholesaling the property if you can work a good enough deal that someone would pick it up. 

No matter which option you pick, the fact that you have an advertisement, sign, or a website means there is something in it for you.

I just went through the process of picking an online book keeper platform.

Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense    An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical

You do not need a turnkey company - - I just don't understand why there's the gross assumption that a turnkey investment defacto means buying via a TK company.In fact in 1997 when we picked up our mfu 6 units WE CREATED the turnkey investment - - how,  by insisting we inherited the existing tenants :)   We got the existing NOI and we were off to the races!

If not, just pick their brain and continue to build that relationship.Do that with lots of investors.

This time, I had to personally pick up the December check on the 12th after 10pm.